OREANDA-NEWS. Leadership of the real estate investment company INVL Baltic Real Estate as of 4 January 2016 will be assumed by Egidijus Damulis. As chief executive officer at the company, he will replace Andrius Dauk?as. The latter will become deputy CEO of INVL Baltic Real Estate and will continue his career as an investment manager at Invalda INVL, one of the Baltic region’s leading asset management groups, actively contributing to the development and supervision of other businesses managed by the group.

Egidijus Damulis was until recently general manager of the companies Selvaag Lietuva UAB, Oslo Namai UAB and Eicore UAB (Comfort Hotel LT). He is also a member of the board of Baltic Sea Properties AS, Eicore UAB and the Lithuanian Real Estate Development Association (LNTPA). 

INVL Baltic Real Estate, which is listed on the NASDAQ Vilnius exchange, manages about 58,200 square metres of real estate premises in Vilnius and Riga.